Pakistan Cotton

Prices halted decline on the cotton market on Saturday as needy spinners indulged in buying to meet their needs, dealers said. The official spot rate was unchanged at Rs 5450, dealers said. In the ready session, over 5000 bales of cotton changed hands between Rs 5400 and Rs 5650, they said. Seed … Read more about Cotton Market: Trade Activity Improves On Rising Demand

All Pakistan Textile Mills Association (APTMA) Chairman S M Tanveer has welcomed a reduction in policy rate by 100 basis points by the State Bank of Pakistan here on Saturday. "It will provide relief to the industry, especially the textile industry which is already facing a high cost of doing … Read more about APTMA Welcomes Cut In Policy Rate

Trading activity came down modestly on the cotton market on Saturday as the ginners indulged in cautious selling due to diminishing stock of lint cotton with them, dealers said. The official spot rate was unchanged at Rs 5300, dealers said. Over 2,000 bales of cotton changed hands between Rs 4850 … Read more about Cotton market: Cautious selling by ginners amid short supply

Not much improvement was seen in the trading activity on Saturday as the sellers preferred to be on the sidelines mainly because of shortage of crop, dealers said. The official spot rate was unchanged at Rs 5300, dealers said. So, in the ready session, around 3,000 bales of cotton changed hands … Read more about Cotton Market Rates Firm Up On Sustained Demand

Pakistan has recorded a 10.85 per cent increase year-on-year in cotton arrivals at ginneries in the country as on April 1, 2015. A total of 14.838 million bales have arrived compared to last year’s total of 13.385 million bales, according to the a report on cotton arrivals, prepared by the Pakistan … Read more about Pakistan Cotton Arrivals Rise 10.85% Year-On-Year

The government has set 15.49 million bales cotton target for the next season (2015-16) against the revised target of 13.48 million bales for the outgoing season (2014-15), it is learnt. The government had set initial target of 15.1 million bales for the current season (2014-15), however later the … Read more about Target Of 15.49 Million Bales Set for 2015-16 Season

Cotton market: activity fails to pick up pace amid lack of buying interest Trading activity could not pick up on the cotton market on Wednesday owing to lack of buying interest, dealers said. The official spot rate was unchanged at Rs 4,950, dealers said. In the ready session, over 12,000 bales … Read more about Activity Fails To Pick Up Pace Amid Lack Of Buying Interest

Cotton production target set at 13.48 million bales The government set cotton production target at 13.48 million bales for the current season (2014-15) against the initial target of 15.1 million bales. The third meeting of Cotton Crop Assessment Committee (CCAC) for the crop season 2014-15 held … Read more about Cotton production target set at 13.48 million bales

Cotton market: ginners facing losses despite TCP intervention   No extraordinary trading activity was seen on the cotton market on Friday as mills did routine buying to meet their needs, dealers said. The official spot rate halted further losses, showing no change at Rs 4,650, they said. … Read more about Ginners Facing Losses Despite TCP Intervention

Cotton market: minor change in rates amid selective buying Little changes were seen on the cotton market on Saturday amid continued selective buying by mills, dealers said. The official spot rate maintained overnight level at Rs 4,800, they added. In the ready session, over 20,000 bales of cotton … Read more about Cotton market: minor change in rates amid selective buying